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Exercise 9 - 1 1 A ( Algo ) Accounts receivable turnover, inventory turnover, and net margin LO 0 Selected data from Fanning Company follow:

Exercise 9-11A (Algo) Accounts receivable turnover, inventory turnover, and net margin LO 0
Selected data from Fanning Company follow:
\table[[Balance Sheets As of December,Year 3,Year 2],[Accounts receivable,$393,000,$371,000
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